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Crude oil price today: WTI opens higher amid bullish sentiment in Europe

West Texas Intermediate (WTI) crude prices moved higher early Wednesday during the European session, reflecting renewed buying momentum in the oil market. WTI is currently trading at $58.23 per barrel, marking an increase from Tuesday’s close of $57.56.

Similarly, Brent crude extended its gains, climbing from $61.39 in the previous session to $62.08 per barrel. The upward movement in both benchmarks highlights a positive start for the energy market in Europe, supported by improving risk sentiment and steady demand expectations.

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